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Orient Green Power Company Limited, an independent renewable energy power producing company, develops, owns, and operates a portfolio of wind renewable projects in India and internationally. The company has a portfolio of 425 MW of wind energy across Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka, as well as 10.5 MW wind power plant in Croatia. Orient Green Power Company Limited was incorporated in 2006 and is headquartered in Chennai, India.

Orient Green Power Dividend Announcement

Orient Green Power does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Orient Green Power dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Orient Green Power Dividend History

Orient Green Power Dividend Yield

Orient Green Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Orient Green Power stock? Use our calculator to estimate your expected dividend yield:

Orient Green Power Financial Ratios

P/E ratio65.46
PEG ratio-3.93
P/B ratio1.88
ROE3.65%
Payout ratio0.00%
Current ratio2.28
Quick ratio2.25
Cash Ratio0.46

Orient Green Power Dividend FAQ

Does Orient Green Power stock pay dividends?
Orient Green Power does not currently pay dividends to its shareholders.
Has Orient Green Power ever paid a dividend?
No, Orient Green Power has no a history of paying dividends to its shareholders. Orient Green Power is not known for its dividend payments.
Why doesn't Orient Green Power pay dividends?
There are several potential reasons why Orient Green Power would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Orient Green Power ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Orient Green Power has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Orient Green Power a dividend aristocrat?
Orient Green Power is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Orient Green Power a dividend king?
Orient Green Power is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Orient Green Power a dividend stock?
No, Orient Green Power is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Orient Green Power stocks?
To buy Orient Green Power you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Orient Green Power stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.